Bermuda's Tax Triangle
Finance minister Bob Richards says Bermuda is unfairly associated with tax avoidance.
We have all heard the stories of big international companies avoiding billions of dollars in tax by funnelling revenues through so-called offshore tax havens. So how do the countries involved justify hosting these arrangements? Business Daily speaks to Bob Richards, the finance minister of Bermuda, a tiny island nation with a huge financial services sector. He tells us why he thinks Bermuda has been unfairly associated with tax avoidance. We hear about the Japanese love of the very best beef. And James Jeffrey visits a large scale dairy farm in Ethiopia, where milk is what people want to drink.
Last on
More episodes
Previous
Broadcasts
- Tue 2 Dec 2014 08:32GMT大象传媒 World Service Online
- Tue 2 Dec 2014 16:05GMT大象传媒 World Service Online
Podcast
-
Business Daily
The daily drama of money and work from the 大象传媒.